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The Latest Breaking News from PepsiCo Inc

Philip Morris Suspends Investment In Russia

Cigarette maker Philip Morris International Inc (NYSE:PM) is the latest joiner in the list of multinationals stepping back from Russia. Nestle SA (OTC:NSRGY) and Imperial Brands PLC (OTC:IMBBY) have also joined the list of companies giving in to pressure from consumers to take a stand against the war in Ukraine, Reuters reported. Consumer goods giants including Proctor & Gamble…

Benzinga · Mar 9, 2022

PepsiCo Q4 Earnings Top Estimates; Adopts $10B Share Buyback Program

PepsiCo Inc (NASDAQ:PEP) reported fourth-quarter FY21 sales growth of 12.4% year-on-year, to $25.24 billion, beating the consensus of $24.22 billion. Net revenue from Frito-Lay North America increased 13% Y/Y, Quaker Foods North America rose 9%, and PepsiCo Beverages North America climbed 13%. Latin America sales rose 16% Y/Y, Europe sales grew 8%. The…

Benzinga · Feb 10, 2022

Why AMC Entertainment Shares Are Rising Today

AMC Entertainment Holdings Inc (NYSE: AMC) is trading higher Wednesday after the company announced the hiring of a former PepsiCo Inc (NASDAQ: PEP) executive to oversee its popcorn business expansion.

Benzinga · Feb 9, 2022

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